DEBT CHIEF CRITICISES GREEDY CREDIT CARD COMPANIES

In a worrying turn of events, the average person’s debt to credit cards, store cards or bank loans in the UK has risen to £6,400, reveals a survey released today by YouGov for Guardian Group Financial.

Read Full Post »

A Proven Means of Reducing Debt or Just a Scam?

Credit Issues alone has successfully challenged in excess of £1.5 million of consumer debt and increasing demand for its services has resulted in the firm aiming to challenge £10 million of consumer debt over the course of the year.

Read Full Post »

Managing Debt and Deficit

Two people we know of (let’s call them Gordon and Alistair) are unfortunate examples how ignoring mounting debt can lead to heartache and worries. Addicted to spending, they now face the future with uncertainly, not knowing who to turn to and being harassed by the young upstart neighbour David and suffering lectures from the crotchety [...]

Read Full Post »

People Abandon Saving to Repay Debt

The credit crunch crisis has triggered a dramatic retreat from savings last year, as for the first time since 2000, British consumers are paying off more than they borrowed.
Last January, consumers borrowed 66 pence for every pound they saved. However, when financial turmoil struck in the summer, there was a rapid turnaround and by the [...]

Read Full Post »

Do Northerners Need Financial Guidance?

The government has launched an “impartial financial advice service” to consumers living in the North East and North West of England through a website or via a telephone helpline on 0300 500 5000.
The service cost £12million to establish following recommendations from the Thorsen Review and aims to reach up to 750,000 people by spring 2010. [...]

Read Full Post »

Credit Issues Successfully Challenges Intrum Justitia Again!

The client in question approached Credit Issues to look at what could be done to help following the assignation and sale of the debt by a major lender to the self styled Swedish “credit management” company

Read Full Post »

Debt and the Family

Personal debt in the UK was £1,457 billion at the end of January 2009 and someone is declared bankrupt or insolvent every five minutes.

Read Full Post »

Are Your Credit Agreements Unlawful and Potentially Unenforceable?

Many people have successfully pursued their creditors and have had thousands of pounds worth of debt written off.

Read Full Post »

Unenforceable Credit Cards and Loans | BBC Panorama Write Off Debt

In the recent BBC One Panorama Documentary entitled “Can’t Pay, Won’t Pay” Sir Roy Goode on the subject of the Consumer Credit Act 1974

Read Full Post »

10m consumers rely on credit cards

10m consumers rely on credit cards

Read Full Post »

Do you have an Unenforceable Loan? | Legally Write off Credit Card Debt | Unfair Credit Agreements taken before April 2007

Did you know there is a little known loophole in some credit agreements that could mean many people will not have to repay their loans, credit cards or store cards?

Read Full Post »

Uk Personal Debt Statistics

The total UK personal debt at the end of June 2008 stood at £1,444 billion. The growth rate increased to 7.4% for the previous 12 months which equates to an increase of £98billion.

Read Full Post »